Crypto exchanges that don't register by Sept. 24 face being shut down in South Korea.
Shyft’s Veriscope product now boasts some 35 crypto service providers including Binance, Bitfinex, Tether and Huobi.
The blockchain research arm of Upbit's operator has launched its VerifyVASP in Singapore, a solution for combating crypto money laundering.
That works out to $361 million, 2.7 times more than in 2020, according to new report by CipherTrace.
The rule should be applied consistently “regardless of the technology being used to facilitate transfers,” the Treasury said.
The European Commission made the proposal to help crack down on flows of illicit money.
BitGo, Coinbase, Gemini, Kraken and Fidelity are putting an anti-money laundering solution up for consideration.
Regulatory insiders say the sheer volume of crypto feedback means updated guidance from the FATF could be delayed.
FATF may have DeFi in its sights, but Aave general counsel Rebecca Rettig is keeping watch on the watchdog.
The Financial Action Task Force addressed DeFi and NFTs in its new proposed draft guidance, but its new definitions might be extremely broad.
Governments have "very little incentive" to change money laundering rules to accommodate crypto, says the long-time head of the FATF.
Cryptocurrency firms in Singapore already need to have a Travel Rule solution in place to get a license.
Backed by BlockTower and others, the shyft token helps a decentralized network of exchanges comply with anti-money laundering rules.
The anti-money laundering watchdog said it is confident the industry will be able to implement the data sharing requirements by June.